Shares history 1934

Pursuant to a resolution passed by the extraordinary shareholders' meeting on 24 November 1934, the company’s share capital was increased from ITL 60,000,000 divided into 120,000 registered shares with a nominal value of ITL 500 each to ITL 120,000,000, fully paid up, divided into 120,000 registered shares with a nominal value of ITL 1,000 each. The increase was financed using the "Extraordinary Profit Reserve" (ITL 55,000,000 at 31 December 1933) and ITL 5,000,000 of the "Special Property Reserve" (ITL 49,330,512.84 at 31 December 1933).
The capital increase was recorded on the share certificates with a stamp.
This resolution was ratified by the Civil and Criminal Court of Trieste by decree No. 845, volume C. 10934 Chron. dated 7 December 1934.